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    Analysis

    June 19, 2025

    Final Thoughts

    Written by Ethan Bernard

    At long last, the Nippon/U.S. Steel deal has been finalized. The involvement of two presidents, a sure thing, dead in the water, a “wild card,” litigation, multiple reviews, agreement, a celebration, even a “Golden Share,” this deal has seen it all.

    Perhaps it’s only a matter of time until we see a recreation of it up on the big screen, or at least on Netflix. Speaking of the big screen, as in “Casablanca,” we all hope, “This is the beginning of a beautiful friendship.” Or in the case of Nippon and U.S. Steel, a “partnership”.

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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